Insurtech launches agentic AI risk assessment tool

AI

’With agentic risk digitisation, we have substantially increased the capability of our platform to digitise the highest complexity transactions,’ says chief operating officer

London-based insurtech Cytora has launched a new platform that includes agentic artificial intelligence (AI), which is aimed at helping enhance explainability and confidence scoring in risk selection for commercial brokers and insurers.

Agentic AI refers to artificial intelligence systems that can operate autonomously, make decisions and take actions to achieve specific goals – unlike traditional AI, agentic AI exhibits characteristics of agency, meaning it can plan, adapt and execute complex tasks with minimal human oversight. 

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